Wage Study Was Based on Faulty Research

Published: May 28, 1996

Re your May 24 front-page report on the passage by the House of a bill to increase the minimum wage:

The attention given to increasing the minimum wage has blinded the American public to far more important unfinished business on the other end of the income scale. What is needed is a maximum wage.

This is a necessary step to begin to balance the economy and the budget and eliminate the national debt. If each individual income were limited to, say, no more than $1 million a year, a tremendous amount of revenue would become available to use in areas like health care, social services, education, vocational training, affordable and quality public housing and crime prevention. In one fell swoop, the path would be cleared for the resolution of most of the nation's financial problems.